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Karachi, Reliance Insurance Co. Ltd. (RICL) announced an encouraging performance in the market with today’s rate at Rs. 11.00 and a slightly lower daily weighted average rate of Rs. 10.66. The company, with a robust paid-up capital of Rs. 665.38 million, declared a 10% distribution for its stakeholders. Since its listing in 1983, Reliance Insurance has been a consistent player in the market, maintaining a market lot size of 500 and closing its books on April 20. The EPS for RICL was recorded at Rs. 8.5.
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